US' Worldnet acquires Italian service partner Delivery By Express

DBE’s founder and CEO, Andres Pirri, will now be part of Worldnet International Italia, which will build on the previous success of DBE. The company will continue business-as-usual with all clients, employees, and service partners, Worldnet said in a press release.

With operational facilities in Milan and Rome, the company will build on its current business model of offering highly customised, time sensitive and discrete express services to Italian and global fashion, couture, and luxury brands. Clients should expect to see exciting and impactful new services and innovations over the coming months. London-based SRC Corporate Finance advised Worldnet on the transaction.

"We could not be more thrilled to bring Andres and his team into the Worldnet family. DBE has been a great partner to Worldnet for a long time and they built an excellent business of their own based on the core principle of satisfying customers' most urgent and discriminating needs. We look forward to accelerating our strategy with this key Italian presence in the years to come,” Richard Bhullar, CEO of Worldnet, said in a statement.

“DBE has been my life’s work for over 30 years. The company has always had a service-first mindset and I'm grateful that Worldnet shares the same vision. I am excited to help Worldnet Italy grow into the future,” Andres Pirri, CEO of DBE, said.

ALCHEMPro News Desk (GK)